June 26, 2025
By Brandon Marcello, CBS Sports: The Big Ten and Big 12 have partnered with PayPal to become their official platform for distributing revenue-sharing payments to athletes, it was announced Thursday.
The first-of-its-kind partnership in the new revenue-sharing era will allow Big Ten and Big 12 schools to pay players via PayPal starting July 1, when revenue sharing begins as a result of the landmark, multi-billion-dollar House v. NCAA settlement.
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The Big 12's deal with PayPal is worth nearly $100 million over five years, sources tell CBS Sports.
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